Suspended -- After its A$2 million IPO just two months ago, trading in Aussie sports betting group Marginbet has been suspended on the ASX. On Sept. 19, shares were listed at A$0.20, and on their last trade Tuesday were valued at A$0.07.
Regulatory Mulling -- According to Bulgarian daily Trud, Bulgaria's National Assembly is considering whether to regulate Internet gambling in the country. The paper reports that for over a year, the country's legislature has been reviewing measures that would see Internet betting taxed and allow the Bulgarian sports totalisator to offer new types of online games.
Will Hill News -- Internet data management group Ethoca has agreed to supply William Hill with its data sharing services. In other William Hill news, analysts at JP Morgan maintain their underweight rating on shares in the bookmaker, and have reduced its target price from 665p to 610. In a research note published Tuesday, analysts said that the company's trading performance in H2 2007 is expected to be weak, following the poor trading update issued by Ladbrokes.
Receiving Offers -- In a written statement issued Tuesday, Australian operator International All Sports Ltd. said local and international gaming companies are interested in acquiring it. "Recently, the board has received several preliminary expressions of interest to acquire the shares or the assets of the company," said IAS Chairman Barry Coulter. "The board has established a sale committee which includes key external advisers."
Friendly Reminder -- For the Thanksgiving holiday, the IGN staff will be out of the office Thursday and Friday but will return Monday, Nov. 26.
Stock Watch -- In mid-afternoon trading the LSE, William Hill was down 6.50p to 487.50, Rank was down 6.50p to 81.50 and Ladbrokes was down 13p to 302.75.